Skip to content
When a person is diagnosed with Alzheimer’s disease, the first thing they should consider is their options for long-term care. Unfortunately, the disease completely takes over a person’s mental faculties, resulting in their needing around-the-clock care. Most families won’t be able to take on such an arduous level of care, and long-term care will be […]
Category Archives: Estate Planning
When you’re considering plans for the next phase of life, you may hear terms like elder law and estate planning being used to describe the necessary steps one must take to ensure that both you and your loved ones are taken care of. But how do you decide which is right for you? Speaking with […]
Since the Tax Cuts and Jobs Act was implemented, there is an even greater incentive for donors to consider whether their planned giving will have an immediate or future benefit. When structuring your charitable giving plan, speak with your Springfield estate planning lawyer about these five giving options to minimize your tax obligations. Donor-Advised Fund […]
If you’re thinking about creating a plan for how your estate should be handled, then you’re probably wondering whether you should create a will or a trust as part of your estate plan. While there are some definite benefits to creating a trust over a will, the types of trusts available – namely, revocable versus […]
Families with special needs children need to take extra care when making plans for their estate. When the parents of special needs children are no longer around to care for their son or daughter, their estates must play the role of enhancing and enriching their children’s life. From enrolling in essential public benefits like Medicaid […]
If you’re hard at work planning for the future of your estate, you might be trying to decide between a will or a trust and could find yourself at a crossroads regarding whether your trust should be revocable or irrevocable. While each instrument is essentially designed to do the same thing – leave your estate […]
Planning for the day that you’re no longer here may not seem like the most positive thing to do with your time, but it’s essential if you wish to leave your loved ones with your estate and assets once you pass away. Because the only certainty in life is death and taxes, you’ll want to […]
People decide to give to charities for a variety of reasons, whether it’s to honor a loved one or make good use of the wealth they acquired in their lifetime. Aside from the enormous benefits a charitable giving plan can have both on the people you’re serving and on you, a charitable giving plan also […]
While over 90 percent of American businesses are family-owned, less than 30 percent of those businesses are handed down to the second generation. The lack of a business succession plan is the key reason cited for being unable to transition the business to the next generation of leadership. If you want your thriving Missouri business […]
A person who passes away without leaving a valid will is said to die intestate. A will is a legal document that specifies how an individual wants to leave his or her property – which includes bank accounts, real estate, and personal effects such as cars, books, or jewelry – upon passing. The process of […]